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In a significant move to bolster its financial position and support future growth, Bank of Baroda (BoB), one of India's largest public sector banks, has announced plans to raise substantial capital through debt instruments and long-term bonds. The bank's board of directors has approved the raising of up to Rs. 7,500 crore via debt capital instruments and an additional Rs. 10,000 crore through long-term bonds.
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Bank of Baroda shares in focus as lender to raise funds via long-term bonds :- Bank of Baroda shares closed 2.07% lower at Rs 250.65 on Wednesday against the previous close of Rs 255.95 on BSE. Total 3.05 lakh shares of Bank of Baroda changed hands
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Many traders and investors often overlook fixed income instruments, but having a portion of the portfolio in debt is essential for stability. Buying bonds in India is very easy, yet people do not give much consideration to bonds or debt mutual funds.
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Mumbai-based edtech unicorn upGrad has reported raised Rs 287.5 crore (approximately $35 million) in debt from EvolutionX, Entrackr reported, citing the company's regulatory filing. The report said the edtech unicorn will use the raised capital for
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Day 9 About Basic Finance and Accounting Concepts Here's Some New Concepts 2. Non-Current (Long-Term) Liabilities Non-current liabilities are long-term debts that are due beyond one year. These are generally used to fund large purchases or investme
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Top News Of the Day: 1. AI-powered dark web intelligence startup StealthMole has secured $7m in a series A funding round 2. Mumbai-headquartered venture debt firm Alteria Capital has announced the final close of its third fund at Rs 1,550 crore (ap
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